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Assistant Product Manager

Location Head office, Newbury
Hours  Monday to Friday 9.00am to 5.00pm (35 hours per week)
Salary*

Starting: £33,250

Target: £35,000

Interview
  • 90-minute competency-based interview held in our Newbury Head Office.
  • We aim to interview successful applicants within 1 week.
  • Feedback provided regardless of outcome. 
  • We reserve the right to close this vacancy at any point.

Are you analytical, curious, and motivated to make a meaningful impact?

We are looking for an Assistant Product Manager who is ready to support the development, performance, and ongoing management of our mortgage and savings products, helping us deliver excellent customer outcomes and drive the Society forward.

You will be key in shaping products that truly matter, using data, insight, and teamwork to ensure we remain competitive, compliant, and customer‑focused.

Reporting to the Head of Product Management, you will play a key role in ensuring our product portfolio remains competitive, well-governed, and aligned to our Society objectives. You will support the full product lifecycle from research and analysis to performance monitoring, pricing changes, regulatory compliance, and customer communication plans.

This is a great opportunity for someone with strong analytical skills, excellent communication, and a desire to build a career in product, proposition, or commercial functions. Tasks will include:

  • Supporting the design, development, and maintenance of products in line with our conduct risk framework and product development process.
  • Monitoring product performance and competitiveness using data, insight, and MI.
  • Conducting market research and forecasting market trends to inform future product strategies.
  • Producing high‑quality reports, analysis, and MI for Executive and Board audiences.
  • Assisting in the delivery and management of Consumer Duty activities.
  • Working closely with Marketing to support customer communication plans.
  • Building strong relationships across Sales, Branch, Customer Service, Technical and other teams to contribute to improved customer and commercial outcomes.
  • Supporting customer contact strategies and helping shape product‑related initiatives across the business.
  • Ensuring compliance with risk, financial crime, data protection, and regulatory requirements.

Essential skills and experience

  • Experience in financial services or another regulated environment. 
  • Clear, confident written and verbal communication skills. 
  • Proven experience working with internal customers to deliver high quality service. 
  • Strong analytical skills with the ability to interpret and present data clearly. 
  • Confident use of Excel and other reporting/analysis tools. 
  • Awareness of risk, compliance, data protection, and financial crime responsibilities.

Desirable skills and experience

  • Experience in product or pricing roles within financial services. 
  • Knowledge of MCOB, PROD, GDPR, PECR, DPA, Consumer Duty and other regulations relating to mortgage and savings products. 
  • Experience preparing MI for stakeholders. 
  • Understanding of market trend forecasting and competitor analysis.

  • We want to help you develop – we are accredited by the Financial Services National College for the quality of our learning and development practices. No matter your role, there will be opportunities to take on new responsibilities and be involved in projects to further your career.

  • We want to look after and reward you - you will receive a generous holiday allowance, contributory stakeholder pension scheme, access to wellbeing programmes, and your birthday off.

  • We care about our communities – as well as providing financial services, we get involved in supporting local charities and people. This means regular opportunities to volunteer, fundraise, and help with community events and activities. All employees also receive two paid days of volunteering every year to help causes they feel passionately about.

Learn more on our Life at Newbury page.

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Please note: you will be directed to our recruitment partner's website to continue your application.

*The salary offered is dependent on evidence of key competencies and skills you currently have. Newbury Building Society pride themselves on recruiting for potential so if you do not meet all of the criteria in terms of knowledge, experience and skills, you will benefit from learning and development opportunities to enable you to work towards the top of the salary range. This will be via ongoing feedback from your line manager and assessment of your progression against all the criteria.

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